Julie Ciarallo
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Faena Residences Miami

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Faena Residences Miami

Location

90 Southwest Third Street
Miami, FL 33130

Developers

Fortune International Group

Architects

Rafael Viñoly Architects

Faena Residences Miami

Faena, the globally acclaimed lifestyle brand, is expanding its unique vision from Miami Beach to the heart of Miami through a multi-phase cultural district, set within the only 14-acre private park along the Miami River. The Faena District Miami River will be anchored by the FAENA RESIDENCES MIAMI, a landmark riverfront project, designed by the world-renowned Rafael Viñoly Architects. As one of the final works of the late Viñoly, this project embodies his architectural legacy, contributing to the iconic cityscapes he shaped worldwide.

Featuring 440 exclusive residences across two striking riverfront towers, connected by a two-story 45,000-square-foot cultural epicenter, FAENA RESIDENCES MIAMI will be a testament to Faena’s dedication to excellence and innovation, set to become a defining element in Miami’s dynamic skyline. Developed by Fortune International Group, led by Edgardo Defortuna, and KAR Properties, led by Shahab Karmely, FAENA RESIDENCES MIAMI will be located at 90 SW 3rd Street. Sales are set to begin in Q4 of 2024.

Building on the legacy we established in Miami Beach, our vision for this project is to create a community rooted in our core values—blending artistic expression, cultural immersion, wellness, and innovative design,” said Alan Faena. “This new Faena District on the river embodies the true essence of Faena in one of Miami’s most vibrant neighborhoods, offering Miami's first fully resident-centric design aimed at enhancing well-being and elevating the experience of happiness.

The Faena District Miami River will extend over three blocks and will include curated cultural spaces, wellness facilities, a marina, recreational areas, and public art. FAENA RESIDENCES MIAMI will play a pivotal role in enhancing the area, enriching Miami’s cultural fabric, and strengthening ties to the Miami Beach Faena District. The development will foster community and creativity expanding access to cultural experiences for residents.

Prime Location:

  • Situated at 90 Southwest Third Street along the Miami River, offering residents stunning riverfront views.
  • The only 14-acre private park on the Miami River, providing unique outdoor spaces in the heart of downtown Miami.

World-Class Design:

  • Designed by the late Rafael Viñoly, a globally acclaimed architect, making this project one of his final architectural masterpieces.
  • The two luxury towers are connected by a sky bridge, offering unique architectural appeal and panoramic river views.

Luxury Residences:

  • 440 exclusive residences with prices starting at approximately $1 million, ranging up to over $4 million for high-end units.
  • Residences feature cutting-edge design, high-end finishes, and floorplans designed to maximize space and natural light.

Premium Amenities:

  • The sky bridge features a 45,000-square-foot cultural and amenity space curated by Faena, creating a cultural epicenter within the residences.
  • Amenities focused on wellness, longevity, and well-being, including wellness facilities, a private park, and access to a marina.
  • Art and cultural spaces are integrated into the development, enhancing the resident experience with a focus on community and creativity.

Developer Excellence:

  • Developed by Fortune International Group, led by Edgardo Defortuna, and KAR Properties, led by Shahab Karmely.
  • Fortune International Group joined the project as a co-developer in 2022, leveraging their expertise in luxury real estate.

Faena Legacy

  • This development builds on the success of the Faena District Miami Beach, which includes the worldrenowned Faena House, Faena Hotel, and Faena Forum.
  • Faena’s dedication to blending artistic expression, cultural immersion, and innovative design ensures this new district will be a cultural and architectural landmark.

Cultural District:

  • The Faena District Miami River will span three city blocks, further expanding Faena’s influence in South Florida.
  • It will include curated cultural spaces, public art, and community-driven programs, enriching Miami’s cultural fabric.

Sales Timeline:

  • Sales are set to begin in Q4 of 2024, with a full sales push expected by Art Basel later in the year, positioning the project perfectly for international exposure.

Innovative Living Concept:

  • The project is Miami’s first fully resident-centric community, designed to enhance well-being and happiness for its residents.
  • Faena’s unique approach to integrating art, wellness, and culture makes this an unparalleled living experience in Miami.

Location

90 Southwest Third Street, Miami, FL 33130

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